Art Market Monitor

Global Coverage ~ Unique Analysis

  • AMMpro
  • AMM Fantasy Collecting Game
  • Podcast
  • Contact Us

France, Home of the Art Theft

January 5, 2010 by Marion Maneker

Two major art robberies took place in France over the holidays reminding the world of both the country’s deep store of artistic treasures and lax security. The Financial Times explains:

Police this weekend confirmed that some 30 works of art had been taken from the home of a private collector in the Provencal village of La Cadière d’Azur, in a haul reportedly worth at least €1m ($1.44m, £890,000).

The latest raid comes just days after thieves lifted the small pastel, Les Choristes (The Choir Singers), by impressionist Edgar Degas, from the Cantini Museum in Marseilles.

A person close to the inquiry told the Financial Times that it was still too early to say whether the two thefts were linked. But the incidents highlight deep concern in France over the illegal trade in works of art.

Art Theft Rocks France for Second Time in a Week (Financial Times)

More from Art Market Monitor

  • What the Top of the Market Looks Like
  • Flashy Venice Biennale Artists AnnouncedFlashy Venice Biennale Artists Announced
  • Warhol, De Kooning Star in Sotheby’s Print SaleWarhol, De Kooning Star in Sotheby’s Print Sale
  • Christie’s Reports 25 Percent Drop in Sales for 2020, Forecasts Record $1.2 B. in Private SalesChristie’s Reports 25 Percent Drop in Sales for 2020, Forecasts Record $1.2 B. in Private Sales
  • Wright 20th Century = $3.2mWright 20th Century = $3.2m
  • Bloomberg: Pinault Considering Restructuring Christie’s Bloomberg: Pinault Considering Restructuring Christie’s

Filed Under: Fraud, Theft & Restitution

About Marion Maneker

LiveArt

Want to get Art Market Monitor‘s posts sent to you in our email? Sign up below by clicking on the Subscribe button.

  • About Us/ Contact
  • Podcast
  • AMMpro
  • Newsletter
  • FAQ

twitterfacebooksoundcloud
Privacy Policy
Terms & Conditions
California Privacy Rights
Do Not Sell My Personal Information
Advertise on Art Market Monitor